A Quick Word on InflationLast week was a big week for economic data, most notably consumer and producer inflation data (CPI and PPI).

Also RE lenders rarely have unsecured personal loans like NEVER.. they do RE not consumer loans.

As inflation takes its bite, there are fewer vacationers chasing more properties, meaning rents right now that we haven't seen since 2015.  

That can be an expensive and time consuming project. 

Below is the median net worth of Americans by age according to a recent "Survey of Consumer Finances" conducted by the Federal Reserve.Under 35: $13,90035-44: $91,30045-54: $168,60055-64: $212,50065-74: $266,40075 and over: $254,800At this stage in your life, if you are ahead of the average American, what do you attribute your "success" to?

In the middle of those two extremes might be a small business with 3 years left on their lease, but they've made improvements to the property that aren't cheap to remove, such as perhaps a dental office (dentists might be pissed that I put them in the mid-risk category, but all the dentists going out of business in 2020-2021 taught us that American consumers apparently regard dental care as an optional and "luxury" spending item). 

“However, consumers took a slightly more pessimistic view on the likely direction of mortgage rates, reflecting the fact that actual mortgage rates have moved upward since the start of the year.

I believe this tiny country ‘town’ has fewer than 10,000 people , per last I checked.

I will say that there are MANY great Goosehead agents out there but the overall setup is not good for the consumer and it's hard finding who's serious vs. who simply had cash for the franchise fee.Just my 2 cents and opinion.  

When consumers are sick and tired of being sick and tired of shrinkflation and quit buying certain products then the prices will drop or sizes will come back.